From: "Mark Jay Kaplan" <mkaplan@execpc.com>
Subject: Will Ideas Sought
Date: Wed, 29 Jul 1998 12:30:37 -0500
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My wife and I have a yours, mine and ours family. Does anyone have an idea on how best to write both our wills so that the spouse and children get treated fairly. Conceptually we agree that the surviving spouse should get money to sustain the family and carry on, yet we want to insure all the children get a fair share regardless of who dies first. We both feel the 4 children are "ours" and each entitled to equal or "fair" shares, We are most concerned that our 7 year old is properly covered until he becomes of age, and to a lesser extent my son (15), her daughter (14) and then her daughter (18). If she leaves the money to me, she wants to protect her daughters inheritance when I go If I die first I want to insure my son would eventually get something. Yet if one of us died tomorrow we would need most of the money to help pay bills, mortgage and future tuition etc. I would hate for my money to go to my son's mother ( my ex) who is currently the primary custody and I would hate to see my wifes money never getting to my son We feel we need a will in case of comas, what would happen if a auto accident killed me and her a few days later etc We do not have great assets, a home with mortgage, each with life insurance, small joint investment accounts and furnishings and both of us had really nothing before we married. - -
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